The Agony of Planning.

Recently, I've got in touch with some articles and statistics on planning.
The numbers here are not perfectly accurate but it's close to actual stats.

Lets take 100 young people at the age of 25 years old.
In 40 years time, when they are 65, 11 of them would be dead.
I mean dead, die la, accidents, illnesses and suicide and whatever you could think of, just dead.

13 of them would be dead as well, dead broke.

About 66 people, would be able to have enough to just get by, not very rich, with a little bit of savings enough to get through everyday until they meet God.

10 people, and only 10 would be somewhat financially independent.

Any ideas why is that so?

Drumrolls please.

*Drumrolls*

It is because,

People doesn't planned to fail.

They just failed to plan.

There are 2 kinds of people in this world,

First, we have the Spend first, save later if have any, not enough, we still have credit card.

Second kind of people belongs to the Save first, Spend later.

Actually, close to 90% of the people belongs to the Spend first and Save later(taking away the not enough and credit card part).

And actually, the 90% of the people who spend first and save later and bringing into the our topic today those not enough still got credit card people, we are actually working for the

minority, 10% who save first and spend later indirectly, thus, helping them to achieve financial independence.

In an ideal world, with an ideal salary and situation, everyone of us(i hope), would want to save first and spend later, am i right ?

But this world was not ideal, and is not yet ideal.

So there won't be an ideal time for you to save first and spend later.

However, you can make a choice today to make your life ideal today by saving first and spending later. So, when do we start?

Tomorrow? or next year?

Well i doubt the world gonna be ideal then, but then again, the ideal time for you to start saving first and spending the rest, is NOW!

You guys know i'm a life planner right?

So basically, I does planning for a living.

Theoretically, I sell financial products for a living,

But i doesn't agree with that, i does planning for a living.

Let me explain myself abit, i does not help you with which month is an ideal month for a new child to be born or should i get a 1.6 or 2.0 car.

These things you guys will go to the internet and library to check it out and plan for youself.

I does the kind of planning where people doesn't plan for themselves,

example, retirement, they take it for granted that they will have enough funds in CPF to retire.

Or planning for unexpected events, it's like I've got a crystal ball right in front of me.

Or example love gifts, which i mentioned in my previous post.

I does the kind of planning which people refused to do for themselves/doesn't know how to do/don't bother to do/or never thought of doing kind of planning.

So let us work hand in hand today, to plan for the kind of things which normally you won't do for yourself. Good night.